Looks raised (Notice how the raised letters are lit from below and so is the line coming out of the L. If it was incuse the lower edge would be in shadow and the uper edge would be lit.) If so it looks like a die scratch.
Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. Contact Us | Advertise Here | Privacy Policy / Terms of Use